Finance

UN Urges Global Financial Reforms to Ensure AI Benefits All Nations

The United Nations this week called for reforms to the international financial system and AI for all as Secretary-General António…

South Korea Inflation Accelerates to 3.1 Percent in August on Fuel and Mobile Fees

South Korea's consumer prices rose 3.1 percent in August from a year earlier, accelerating from…

Panama Canal Authority Forecasts 6.7 Percent Revenue Rise to $5.56 Billion in FY2027

Panama's Cabinet approved the Panama Canal Authority's FY2027 budget on September 1 projecting revenues of…

Energy Price Surge Drives Eurozone Inflation to Three-Year High in August

Eurostat announced on Tuesday that euro area annual inflation up to 3.3% in August, climbing…

Qatar Central Bank Extends QA-RTGS Direct Access to Licensed Payment Providers

On September 1, Qatar Central Bank enabled payment service providers to open accounts and access…

Strong Demand Drives Dubai Islamic Bank to Close Debut Syndicated Islamic Financing Deal

Dubai Islamic Bank closed its debut $750 million syndicated Islamic financing facility on September 1,…

IFRS 18 Pulls Kuwait’s Corporate Messaging Into the Financial Reporting Perimeter

IFRS 18 Changes Kuwait Corporate Reporting | Kuwait’s IFRS 18 deadline brings press releases, investor…

Qatar’s Home Sales Rose 50 Percent as Prices Fell, Raising the Value of Better Data

Qatar Home Sales Rise 50% as PropTech Shifts to Data | Qatar home sales jumped…

China’s Digital Industry Revenue Exceeds $3 Trillion in First Half of 2026

China's digital industry revenue surpassed $3 trillion in the first half of 2026, the Ministry…

UAE Federal Tax Authority Reports Strong Turnout at Awareness Sessions in Early 2026

The Federal Tax Authority attracted nearly 34,000 participants to its awareness events in the first…

Russian Cryptocurrency Trading Set to Reach $46.43 Billion Under New Rules

Cryptocurrency trading in Russia may reach $46.43 billion as the country rolls out its first…

National Bureau of Statistics Reports 17.6 Percent Rise in China Industrial Profits

China's industrial firms above designated size recorded a 17.6 percent year-on-year profit increase to 4.58…

Bank of Korea Raises Benchmark Rate to 3% in Back-to-Back Hike

The Bank of Korea raised its key interest rate by 25 basis points to 3…